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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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539-541 North Front St , New Bedford, MA 02745
$895,000
Est. Payment: $1,988.89/mo
10 Bed
5 Bath
4118 Sqft
Status: Back on Market | Days on site: 119
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AN7557 - CN222309
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House Description

Fully gut-renovated multifamily opportunity in New Bedford renovated in 2022 offering strong income potential for both investors and owner-occupants alike. This oversized property features two spacious 4 bed/1 bath units on the 1st and 2nd floors, plus two 1 bed/1 bath units on the 3rd floor. Bonus finished 4th-floor living space with an additional bathroom offers flexibility for storage, office, or extended use. Property includes 5 off-street parking spaces, updated kitchens and baths, modern finishes, and strong rental upside. Ideal setup for FHA buyers looking to offset their mortgage with rental income or investors seeking a turn-key asset with future value-add potential. Preliminary concepts for a potential 8-unit conversion have already been explored. Conveniently located near highways, shopping, restaurants, and commuter access.

Highlights

Listed by Niko Stafford , 774-808-1091 Block Realty , 617-505-3324.

Property Type

Multi-Family

Lot/Acreage
0.07

Year Built

2022

County

Bristol

Area

North

Listing ID

73522270

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:10
  • Bathrooms:5
  • Full Bathrooms:5
Water:Public

Exterior Features

Lot:Corner Lot
Garage Capacity:5
Zoning:MUB
Roof:Shingle
Sewer:Public Sewer
Parking Features:Paved Drive,Off Street,Parking Spaces: 5
Principal Interest
$1,989
Taxes
$520

Home Price

$895,000

Loan Details

30 yrs
%

Down Payment

20%
$179,000
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Monthly Price:
$1,988.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,988.89 $519.75 $0.00 $2,508.64
Yearly $23,866.67 $6,237.00 $0.00 $30,103.67
Total $716,000.00 $187,110.00 $0.00 $903,110.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (New Bedford, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.